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Tradeshow Products Inc. Signs LOI $10 Million in Contract Revenues
HALLANDALE, Fla., Dec. 12 /PRNewswire-FirstCall/ -- Tradeshow Products
Inc. (OTC Bulletin Board: TSPD) today announced the signing of letter of
intent to purchase American Management Services, LLC, known as AMS
Outsourcing which provides insurance, payroll, and staffing services to
small to medium size businesses nationwide. This letter of intent is the
first step in the new strategic initiative being defined and implemented
with the assistance of Bay Side Financial.
David Goldberg, CEO of Tradeshow Products Inc., said, "I am delighted
with the immediacy of early results from Bay Side's efforts." And
continued, "We look forward to closing a definitive contract within the
next thirty days. AMS Outsourcing has projected revenues in the next 12
months in excess of 10 Million dollars."
AMS Outsourcing has offices in California, Florida, Colorado and
Pennsylvania. This letter of intent is the first step in the new strategic
initiative being defined and implemented with the assistance of Bay Side
Financial. AMS Outsourcing focuses on employee groups of 5 to 50 and it
specializes in providing products and services to create a healthy
motivated and productive work force for the employers and employees alike.
Goldberg said, "Revenues from this acquisition are anticipated in the
quarter ending March 2008 and I look forward to further announcements in
the short term expanding our strategic initiatives and revenue
projections."
SOURCE Tradeshow Products Inc.
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